Hacker-Proof System? Will Ectocryp Be It?

The European Aeronautic Defence and Space (EADS) recently announced a new encryption protocol called Ectocryp.
The system apparently, according to this Crave post, owes its success to lightning fast key changes that keeps the cryptographic base continuously changing and thus, in theory, not discoverable by a hacker. EADS claims that the system can do real-time encryption of voice, video and data (at least according to their commercial). Their pamphlet claims 1Gbps throughput for the encryption which is pretty good and would be able to sustain their claims.
Definitely a Security technology to follow...